Textile units in Gujarat rapidly shifting to polyester, viscose
Last year, the textile sector saw a mix in cotton and now many players in the value chain have moved to polyester and viscose. High cotton prices have hurt the textile industry so much that industrialists are looking for alternative avenues for business. Many garment manufacturers in Ahmedabad are shifting towards polyester and viscose fabrics. Market sources say that cotton textile units need to make only minor changes to start manufacturing polyester and viscose.
more volatility in prices
According to industry estimates, less than 5% of textile companies that were solely in cotton have adopted the man-made fiber. Last year, cotton prices had touched a record high of Rs 1.10 lakh per candy (356 kg). This year the prices have come down to an average of Rs 60,000 per candy. Experts say, the recent estimates by Cotton Association of India (CAI) indicate lower crop production and hence there will be more volatility in cotton prices.
no other option
Dhruv Patel, Managing Director, Diamond Textile Mills Pvt Ltd said, “For over five decades we had a cotton textile business with integrated spinning, weaving and processing facilities. For the last nine months, we have completely shifted to polyester yarn and viscose. We get fiber, manufacture yarn and weave it into fabric. We are also supplying yarn to manufacturers in Surat. Due to high cotton prices, we had no option but to turn to polyester and viscose. We have not completely exited the cotton business, but feel that the time is not right for cotton and hence we have decided to diversify.
customer demand
P R Kankaria, Chairman, Kankaria Textile Industries Pvt Ltd said, “Our core business is cotton fabric processing but the high cotton prices last year taught us many lessons. A section of our customers demand polyester and viscose, which are cheaper. We started sourcing polyester from Surat and viscose from South India. Polyester, viscose and rayon are part of our portfolio this year and we also managed to bag export orders from China. We have started printing shirting fabric, dress material for ladies and home textile in viscose. “We buy gray fabric from Surat, which is not a huge cost, and process it here.”
Blend of polyester up to 65%
"Gujarat is a hub for cotton textiles, but last year more than 5% of its cotton capacity has been replaced by polyester and viscose," said Saurin Parikh, president of the Spinners' Association Gujarat. Akash Sharma, director, Aakash Fashion Pvt Ltd, said, “We started polyester and viscose printing three years back. We used to be into 100% cotton, but blending has started of late. Blending up to 65% polyester as it is at least 25% cheaper than pure cotton. Earlier we used to print 1.2 million meters of cotton shirts every month, however, the capacity utilization has come down due to higher cotton prices. Now we print seven lakh meters of blended shirting fabric, whereas our pure cotton shirting fabric volume is only one lakh meters in a month.”
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